As private-equity giant KKR moves at last toward completing its own IPO, it is opening up its internal finances to the SEC. One of the more interesting items: How little its two billionaire founders, cousins Henry Kravis and George Roberts, earned from the business last year.
On Friday, after the market closes, the Russell Investment Group will announce how it will rebalance its indexes in the annual event known as the Russell Reconstitution, the ripple effects of which will be felt as a brief, high-energy tremor through the stock markets.
On Wednesday, The Washington Post Co. became the first U.S. company to have trading of its stock halted by Securities and Exchange Commission circuit breakers imposed following the May 6 market crash.
The Federal Housing Finance Agency has directed Freddie Mac and Fannie Mae to delist their common and preferred stocks from the New York Stock Exchange and any other national exchanges. Trading in both companies' shares has been halted on the news.
Seasick investors may need some Dramamine this week: A deluge of earnings and economic reports promises more volatility. But the biggest market-moving waves will keep coming from Europe's financial crisis.
Even as stock markets staged a huge rally Monday, some market experts worry that the federal government will overreact to the recent turmoil and the extreme volatility.
Computer trading is likely behind the Dow's recent 1,000 point plunge intraday Thursday. These machines account for the vast majority of stock trading, but there's very little understanding of their role and impact on markets. We urgently need more transparency.
The New York Stock Exchange is marking Financial Literacy Week by launching a new financial education site, NYSE MoneySense. The exchange's David Cautin says visitors to the site can bone up on saving money, protecting assets, spending wisely and, of course, investing.
For the first time since September 2008, the S&P 500 index closed above that mark, helped by strong earnings from JPMorgan Chase and encouraging readings on inflation, retail sales and business inventories.
At this rate, the S&P 500 is on pace to gain 14% for the year. But as traders look to the second quarter, it's becoming increasingly difficult to square the undeniable V-shaped recovery in global corporate profits with the anything-but-robust recoveries in the developed world.
With the most sweeping and controversial overhaul of health care insurance in 40 years now firmly behind the market, some traders on the floor of the New York Stock Exchange say the White House needs to refocus on the fundamentals of economic growth.
The markets continued to rack up gains with the Dow, S&P 500 and NASDAQ all closing Wednesday at 18-month highs, boosted by signs that the Federal Reserve intends to keep interest rates at rock-bottom levels for some time, indicating that the Fed isn't worried about inflation.
Stocks held on to gains as the Fed left its key lending rate unchanged and on better-than-expected news from economic reports on housing starts and import prices. The S&P500 continued its climb, finishing at a 17-month high set in October 2008, at 1,159.46, up 8.95 points.
A theory by two accounting professors known as "the sunshine effect" suggests that the price of certain stocks may tend to move higher than normal when earnings are announced on sunny days.
